Groupe la Francaise Has $42.74 Million Stock Holdings in Analog Devices, Inc. $ADI

Groupe la Francaise grew its holdings in Analog Devices, Inc. (NASDAQ:ADI) by 5.4% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 107,575 shares of the semiconductor company’s stock after purchasing an additional 5,521 shares during the quarter. Groupe la Francaise’s holdings in Analog Devices were worth $42,740,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Banque Transatlantique SA acquired a new stake in shares of Analog Devices in the 4th quarter valued at $25,000. Contravisory Investment Management Inc. acquired a new position in Analog Devices during the second quarter worth $25,000. Manning & Napier Advisors LLC acquired a new position in Analog Devices during the second quarter worth $25,000. Hilton Head Capital Partners LLC bought a new position in Analog Devices during the fourth quarter valued at about $26,000. Finally, Gordian Capital Singapore Pte Ltd bought a new position in Analog Devices during the fourth quarter valued at about $27,000. Institutional investors own 86.81% of the company’s stock.

Analog Devices Stock Performance

Shares of NASDAQ:ADI opened at $362.25 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.91 and a current ratio of 1.25. The stock’s 50-day moving average is $377.17 and its 200-day moving average is $374.17. The company has a market cap of $175.54 billion, a P/E ratio of 42.97, a P/E/G ratio of 1.12 and a beta of 1.20. Analog Devices, Inc. has a 52-week low of $223.47 and a 52-week high of $445.91.

Analog Devices (NASDAQ:ADI) last announced its earnings results on Wednesday, August 19th. The semiconductor company reported $3.45 earnings per share for the quarter, beating the consensus estimate of $3.34 by $0.11. The firm had revenue of $4.02 billion during the quarter, compared to the consensus estimate of $3.92 billion. Analog Devices had a return on equity of 16.39% and a net margin of 29.79%.The firm’s revenue for the quarter was up 39.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.05 EPS. Analog Devices has set its Q4 2026 guidance at 3.710-4.010 EPS. Equities research analysts predict that Analog Devices, Inc. will post 12.96 earnings per share for the current year.

Analog Devices Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Analog Devices’s dividend payout ratio is currently 52.19%.

Insider Activity at Analog Devices

In related news, CFO Richard Puccio, Jr. sold 2,683 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $374.56, for a total transaction of $1,004,944.48. Following the completion of the transaction, the chief financial officer directly owned 54,177 shares in the company, valued at $20,292,537.12. This represents a 4.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Karen Golz sold 1,000 shares of the stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $374.50, for a total transaction of $374,500.00. Following the completion of the sale, the director directly owned 10,019 shares of the company’s stock, valued at approximately $3,752,115.50. This trade represents a 9.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 41,363 shares of company stock worth $15,477,939. Insiders own 0.36% of the company’s stock.

Wall Street Analyst Weigh In

ADI has been the subject of several recent analyst reports. TD Cowen reiterated a “buy” rating and set a $460.00 price target on shares of Analog Devices in a research note on Thursday, August 20th. Morgan Stanley raised their price objective on Analog Devices from $428.00 to $458.00 and gave the company an “overweight” rating in a research note on Thursday, August 20th. Raymond James Financial restated an “outperform” rating and issued a $430.00 target price on shares of Analog Devices in a report on Thursday, May 21st. Truist Financial upped their target price on Analog Devices from $364.00 to $405.00 and gave the stock a “hold” rating in a research report on Wednesday, May 20th. Finally, Wolfe Research reissued an “outperform” rating and issued a $475.00 price target on shares of Analog Devices in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Analog Devices currently has a consensus rating of “Buy” and an average price target of $454.63.

About Analog Devices

Analog Devices, Inc (NASDAQ: ADI) is a multinational semiconductor company that designs, manufactures and markets a broad portfolio of analog, mixed-signal and digital signal processing integrated circuits. Founded in 1965 by Ray Stata and Matthew Lorber, the company has grown into a leading supplier of components that convert, condition and process real-world signals for electronic systems. Analog Devices is headquartered in Massachusetts and serves customers around the world across multiple end markets.

The company’s product lineup includes data converters (ADCs and DACs), amplifiers, power management ICs, radio-frequency (RF) and microwave components, sensors and MEMS devices, signal chain and isolation products, timing and clocking solutions, and embedded processors and software for system-level design.